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End-of-line Packaging Market (Technology - Automatic, and Semi-automatic; Function - Standalone, and Integrated; Received Order Type - Customized Order, and Standard Order; End-user - Food Beverages, Pharmaceuticals, Electronics and Semiconductors, Automotive, Consumer Products, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2028

  • Published : June, 2022

  • Rep Id : CGP0052

  • Category : Consumer Goods and Packaging

  • Status : Published

A recent report published by Infinium Global Research on the end-of-line packaging market provides an in-depth analysis of segments and sub-segments in the global as well as regional end-of-line packaging market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional end-of-line packaging market over the short term as well as long term. The report is a comprehensive presentation of trends, forecasts, and dollar values of the global end-of-line packaging market. According to the report, the global end-of-line packaging market is projected to grow at a CAGR of over 4% over the forecast period of 2022-2028.

 

Market Insight

The revenue generated by the market was nearly USD 5 billion in 2022 and is expected to reach around 6.5 billion in 2028 and is expected to grow with a CAGR of over 4% over the forecast period 2022-2028. End-of-line packaging refers to the collection of equipment and machinery required to complete the shipping package prior to shipments or the final conveyance of the products. End-of-line packaging assembly is used in the manufacturing or production unit to automate the final leg of packaging prior to the final transportation of goods. This kind of system helps to cater to the increasing needs coming from the end users and ensures seamless functioning of the processes involved. This packaging assembly helps the employers to utilize the available workforce for more value-adding tasks, which results in reduced labor costs along with an improved workplace.


End-of-line Packaging Market


 

The rising need for improving workplace conditions through the adoption of automation is a notable factor to boost the demand for end-of-line packaging solutions. Various end-use industries are adopting this type of packaging system to reduce the cost of packaging and improve the packaging system in their units. End user industries such as Food and Beverage, Pharmaceutical, and Consumer Products are increasingly using these systems as these industries are seeing a spike in their businesses. Thus, the production in these industries has also grown significantly boosting the demand for end-of-line packaging solutions. Additionally, it helps to combat the changing need for customized package sizes and different package forms for different products. Further, it helps employers to get rid of providing training to packaging employees for a new packaging system, every time. However, the high cost associated with the maintenance and repair of these types of machinery is some factor hampering the growth of the market. Going further, new technologies such as artificial intelligence and machine learning are being integrated with end-of-line packaging solutions.

 

On the basis of region, the end-of-line packaging market is fragmented into North America, Europe, Asia, and the Rest of the World (RoW). Europe is the leading player in this market globally, due to the growing demand for different packaging requirements for different new and innovative products. The population in Europe is increasing at a steady pace which has increased the demand for food and pharmaceuticals. Also, Europe has a strong automotive industry whose production is growing gradually thus increasing the demand for end-of-line packaging solutions. The automation of industries is going on in full swing in Europe. The Asia Pacific is anticipated to experience the highest growth in terms of revenue in the near future. In developing countries, the demand for end-of-line packaging solutions is anticipated to witness steady growth due to increasing demand for a high degree of automation across various end-use industries to cater to the need for new and innovative product packaging requirements.

 

Segment Covered

The report on the global end-of-line packaging market covers segments such as technology, function, received order type, and end-user. On the basis of technology, the sub-markets include automatic, and semi-automatic. On the basis of function, the sub-markets include standalone and integrated. On the basis of received order type, the sub-markets include customized orders and standard orders. On the basis of end-user, the sub-markets include food beverages, pharmaceuticals, electronics and semiconductors, automotive, consumer products, and others.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Krones AG, Ima S.p.a., Syntegon (Bosch Packaging Technology), Ds Smith Plc., Pro Mach, Inc., Combi Packaging Systems LLC, Festo Group, Schneider Packaging Equipment Co. Inc., Gebo Cermex

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the end-of-line packaging market. Moreover, the study highlights current market trends and provides forecast from 2022-2028. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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